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Minimum wage rates in seven first world countries:
Figures via Washington PostImage is the work of Thomas Hart Benton
06:46 AM in Facts, Figures and Infographics, Holiday Advertising | Permalink
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Consumer Prices in United States are 32% lower than in Australia so the miniwage there in terms of actual standard of living is $11.50.
I wouldn't worry about the MW. The administration is pursuing an inflationary monetary policy. The MW WILL be going up and the general standard of living WILL be going down.
03 September 2013 at 04:06 AM
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